Sunday Posts

 UK General Elections are over.  It is hard to say who has won. The Party with most seats in Parliament is looking very much the loser, and the Party which came second, now three elections in a row, is arranging Victory Parties. The Prime Minister, who is likely to continue, seems to have lost; the Opposition Leader, who would not perhaps get to try to form the Government, seems to have won. It is equally intriguing to figure out who really have lost last night. Indeed, the mood, in a particular section of the population, is all doom and gloom: They are going on TV and proclaiming that the country has lost in a whole. They are looking at the hung parliament and claiming that it is a bad thing, because markets don't like uncertainty. That is obviously nonsense: Markets exist because they are the most efficient mechanism to price uncertainties, and if everything was certain, we wouldn't need markets at all. And, indeed, if they are trying to tell us that we should ha...

Here are five main reasons I shall vote Labour, in UK General Election due on 8th June. First, the Conservative Government under Theresa May is, contrary to its claim, neither strong nor stable. If it was so, we did not need an election at all. The Government had a majority, secured in an election only two years ago. Implicit in Ms May's claim of 'Strong and Stable' is indeed an admission of lack of strength and stability. And, if anyone thought a Conservative Victory in the elections will make Ms May strong, one must remember that it would also encourage the Brexit lobby of the Conservative Party, thereby making the Government more weak and wobbly. Second, this has been a government of U-Turns. Even in the short stint that Ms May had as Prime Minister, she proved herself too fond of making U-Turns. The most spectacular of all U-Turns was, of course, breaking the Fixed Term Parliament law, something that the previous government - in which Ms May was a Senior Membe...

If Margaret Thatcher's legacy is sealed as "there is no such thing as society", Theresa May may have already given us something to remember her for: "But if you believe you are a citizen of the world, you are a citizen of nowhere." This is, she may claim later, taking her words of out of context. She said, to be exact:  "But if you believe you are a citizen of the world, you are a citizen of nowhere. You don't understand what citizenship means." Justifiably, she could claim, at a later and calmer time, that she was merely defining citizenship. However, she meant this to be a soundbite, and it is a good one: And, therefore, it can be taken in its more provocative sense, as it was meant for that. We are at a day and age where many people may indeed want to think of themselves as citizens of the world. They want to be footloose, live in different countries, have relationships across national boundaries, learn different languages and work in ...